UltraTech Cement Limited has issued a clarification to stock exchanges regarding a material price movement (‘MPM’) observed in its share price on Friday, September 18, 2026. The company stated that there was no specific event or information disseminated through mainstream media that could account for this fluctuation. UltraTech Cement concluded that the movement appears to be purely market-driven, intended for the information and records of the exchanges.
Share Price Movement Clarification
UltraTech Cement Limited has formally addressed a noticeable ‘material price movement’ (MPM) in its stock on Friday, September 18, 2026. In its communication to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), the company confirmed that it had reviewed its operations and market activities.
No Discernible Trigger for Volatility
The company explicitly stated that there was no event or information released in the mainstream media that could be directly linked to the observed share price fluctuation. Furthermore, UltraTech Cement indicated that there were no impending announcements that would have typically triggered such a market reaction. Consequently, the management concluded that the share price movement was purely market-driven.
Information for Record
This clarification has been provided for the information and record of the stock exchanges, ensuring transparency regarding significant market activities. The statement was issued by Dhiraj Kapoor, Company Secretary and Compliance Officer for UltraTech Cement Limited.
Source: BSE
